Jefferies Upgrades IGate

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In a report released Tuesday, analysts at Jefferies upgraded iGATE (NASDAQ: IGTE) from Hold to Buy, with a target price increase from $38 to $43. Analysts at Jefferies list three reasons for upgrading the iGATE: entry point given by current valuation, growth potential in Europe while US demographic remains strong, and refinancing increases with recent financial flexibility.

Crypto Whales Are Loading Up — Are You?

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